REGISTERED NUMBER: 00530703 (England and Wales)

MILLROOM MIXING MACHINES LIMITED

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Wild

S A Wild

C Wild

SECRETARY:

S A Wild

REGISTERED OFFICE:

Hill View

New Mills

Newton

Powys

SY16 3NW

REGISTERED NUMBER:

00530703 (England and Wales)

ACCOUNTANTS:

SCCA Limited T/a Stafford & Co

Chartered Accountants

3 The Studios

320 Chorley Old Road

Bolton

Lancashire

BL1 4JU

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

537,180

503,869

537,180

503,869

CURRENT ASSETS

Stocks

43,391

20,005

Debtors

6

8,591

20,344

Prepayments and accrued income

1,774

1,268

Cash at bank

19

18

53,775

41,635

CREDITORS

Amounts falling due within one year

7

200,297

201,089

NET CURRENT LIABILITIES

(146,522

)

(159,454

)

TOTAL ASSETS LESS CURRENT LIABILITIES

390,658

344,415

CREDITORS

Amounts falling due after more than one year

8

258,145

238,646

NET ASSETS

132,513

105,769

CAPITAL AND RESERVES

Called up share capital

21,500

21,500

Revaluation reserve

10

80,000

80,000

Retained earnings

31,013

4,269

SHAREHOLDERS' FUNDS

132,513

105,769

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 September 2025 and were signed on its behalf by:

S A Wild - Director

1.	STATUTORY INFORMATION

Millroom Mixing Machines Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on cost, 15% on cost and 10% on cost

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

120,000

AMORTISATION

At 1 April 2024

and 31 March 2025

120,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 April 2024

450,000

223,851

37,622

Additions

-

17,283

-

Disposals

-

-

-

At 31 March 2025

450,000

241,134

37,622

DEPRECIATION

At 1 April 2024

41,800

168,580

21,466

Charge for year

9,000

14,384

4,340

Eliminated on disposal

-

-

-

At 31 March 2025

50,800

182,964

25,806

NET BOOK VALUE

At 31 March 2025

399,200

58,170

11,816

At 31 March 2024

408,200

55,271

16,156

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

50,996

11,939

774,408

Additions

66,042

-

83,325

Disposals

(33,995

)

-

(33,995

)

At 31 March 2025

83,043

11,939

823,738

DEPRECIATION

At 1 April 2024

26,754

11,939

270,539

Charge for year

1,065

-

28,789

Eliminated on disposal

(12,770

)

-

(12,770

)

At 31 March 2025

15,049

11,939

286,558

NET BOOK VALUE

At 31 March 2025

67,994

-

537,180

At 31 March 2024

24,242

-

503,869

The Plant and Machinery assets of Millroom Mixing Machines Ltd were revalued at 31st March 2017 by Ajax Machine Tools International Ltd resulting in a revaluation of £5,900.

The net book value of tangible fixed assets includes £ 53,394 (2024 - £ 53,394 ) in respect of assets held under hire purchase contracts.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

8,591

20,344

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

75,900

81,278

Hire purchase contracts

8,915

11,050

Trade creditors

66,622

17,184

Tax

20,043

23,838

Social security and other taxes

5,685

(840

)

Pension

4,576

190

VAT

400

12,752

Other creditors

4,267

3,608

Directors' current accounts

11,827

36,371

Accrued expenses

2,062

15,658

200,297

201,089

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

14,216

21,911

Bank loans - 2-5 years

42,834

40,577

Bank loans more 5 yr by instal

151,599

166,501

Hire purchase contracts

49,496

9,657

258,145

238,646

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

151,599

166,501

Hire purchase

5,612

-

157,211

166,501

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdrafts

55,610

61,628

Bank loans

228,939

248,639

284,549

310,267

Natwest Bank Plc hold two fixed and floating charges dated between 16 January 2019 and 15 March 2019 . These charges are secured over the property and undertakings of the company.

10.

RESERVES

Revaluation

reserve

£

At 1 April 2024

and 31 March 2025

80,000

11.	ULTIMATE CONTROLLING PARTY

The directors are the ultimate controlling party of the company.